Effect of State Bonds on the Private Sector: Evidence from a Growing Economy
The frequent issuance of state bonds or securities by the government in the stock market crowds out the private sector in developing economies. The main concern is whether the economy can continue to function normally in the face of this occurrence if it is not checked. We use an Autoregressive Dist...
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Format: | Article |
Language: | Russian |
Published: |
Government of the Russian Federation, Financial University
2024-08-01
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Series: | Финансы: теория и практика |
Subjects: | |
Online Access: | https://financetp.fa.ru/jour/article/view/3063 |
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